Skyray are delighted to have been selected to provide Owner’s Engineering services to leading investment and asset manager KGAL on their 82 MWp Penamacor I solar PV project in Portugal. The 18 month scope of work includes EPC Procurement, Detailed Design Review and Construction Monitoring.  Manuel Pessanha, Renewables Transaction Manager at KGAL  said: “we were positively impressed with Skyray’s set-up and track record in Portugal, providing us with access to PV specialists and a strong partnership network. We look forward to working with the team to deliver this exciting project.”

Background information:

• KGAL is a leading independent investment and asset manager with assets under management of around €11.2 billion and assets under administration of €4.0 billion. The firm’s focus is on long-term real asset investments for institutional and private investors in real estate, infrastructure and aircraft. The group, which operates throughout Europe, was founded more than 50 years ago and is headquartered in Grünwald near Munich. 345 employees contribute to achieving sustainably stable earnings, taking into account return and risk aspects (as of 31 December 2020)